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Archive - 1/2/2026 - Sign In to see current Signals. |
Waste Management, Inc. (WM) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Waste Management, Inc. (WM). During the week, the WM dropped -2.70 points, or -1.22%, and closed at 218.40 on Friday, January 2, 2026. Weekly volume was -28% below average. WM is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See WM long-term trend chart] A long-term uptrend had started on March 25, 2020 at 85.34 and reached 242.58 on June 3, 2025. WM gained -157.24 points, or -184.25%, in 270 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (218.71) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See WM medium-term trend chart] A medium-term downtrend had started on June 3, 2025 at 242.58 and reached 194.11 on November 3, 2025. WM lost 48.47 points, or 19.98%, in 21 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 180.74 and resistance is at 234.11. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See WM weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since December 12, 2025. Use the following link to access a MACD help.
Short-term trend: [See WM short-term trend chart] A short-term uptrend had started on November 3, 2025 at 194.11 and reached 223.00 on December 29, 2025. WM gained -28.89 points, or -14.88%, in 56 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 217.18 and resistance is at 223.17. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.
Daily Technical Indicators: [See WM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since December 12, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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